Trump rejects Iran’s response to peace proposal
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Pentagon raises cost of war in Iran to $29 billion
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Two-thirds of Americans say Trump has not clearly explained Iran war goals as gas prices surge A Reuters/Ipsos poll shows that 66% of Americans believe President Donald Trump has not clearly explained the objectives of the US military involvement in Iran.
US Iran war news LIVE updates: Iran warned the US earlier that any fresh attack would trigger “surprise” weapons and warfare tactics. Earlier on Sunday morning, an unidentified projectile hit a ship off Qatar after IRGC threats against US-linked vessels in the Gulf.
Mainland Chinese and Hong Kong stocks slipped on Friday, as renewed hostilities broke out between the United States and Iran, threatening a shaky ceasefire, while investors awaited next week's meeting between top leaders of the world's two largest economies.
Tensions across the Middle East remain high despite signs of fragile diplomatic movement between Iran and the United States. A ceasefire between Tehran and Washington continues to hold, although sporadic skirmishes have been reported in the Strait of Hormuz.
It will be the first time a US president has visited China in nearly a decade, with the last visit being Trump in 2017
The US-Iran conflict has entered a critical phase as military escalation, diplomatic breakdowns and rising tensions in the Strait of Hormuz continue
Wall Street futures were muted on Monday after last week’s record rally, as rising oil prices on renewed US-Iran tensions weighed on sentiment. Investors now await inflation data and key global cues,